1
PENDLE TVL has observed a rise from $200 Million to $6.633 Billion in 2024.
2
Pendle price is near the value of $5.43 with a 4% gain in the last 24 hours.
Pendle Protocol is a defi protocol that enables the tokenization and trade of the future yield. Its novel AMM approach supports the assets with time decay. It gives users more control over the future yield and provides a better way for yield generation. The future yield design of the platform addresses the challenges like volatility and underlying asset performance. It also enables the creation of new financial instruments which can be traded on its platform. The protocol can split any yield-bearing asset into separate yields and the main component for maximum control.
Arthur Hayes recently locked over 1.65 Million PENDLE worth around $8.5 Million till September 2024 as per data available on LookOnchain. On June 6th, 2024 he unstaked PENDLE tokens worth over $9.41 Million. The staking by
We współpracy z: https://www.thecoinrepublic.com/2024/06/16/pendle-tvl-grows-exponentially-while-the-price-struggles-to-move/
